MP
CFP
MP
CFP

Michael Parke

4 Years of Experience
Dickinson, ND

Michael Parke is a CFP-designated registered investment advisor at Mike Parke Investment Management, LLC, based in Dickinson, ND, with 4 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 123 clients with $88M in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1 advisor
Number of Clients
123 clients
Average Client Portfolio
$716K average
Assets Under Management
$88.0M

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K0.95%
$250K - $500K0.60%
$500K - $1.5M0.57%
$1.5M+0.35%

Fees are generally not negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

148 - 3rd Avenue West, Dickinson, ND, 58601

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Michael is the president and sole owner of Michael C. Parke Management Services, Inc., a tax preparation business. During tax season, Michael spends approximately 20 hours per week on tax preparation, with about two hours per week occurring during security trading hours.

Employment History
Current Registrations
Mike Parke Investment Management, LLC
December 2021 - Present · 4 yrs 5 mos
State Registrations1 state
ND
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.